Lufthansa said its Passenger Airlines segment will present details of "a new profit saving program" on July 30, when the company releases its first-half results. "The financial crisis and its repercussions pose major challenges for airlines worldwide. Lufthansa is also impacted by the persistently weak demand development in both the passenger and freight businesses, structural changes in passengers' travel behavior and rising fuel prices," it said. At an investors day yesterday, LH said it ...

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